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Mar 27, 2014
03/14
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hsbc and rbs off 1.24%. brian, what do you make of the restrictions on these banks and their capital plans? >> i'm actually very pleased to see this. because it demonstrates that the fed is indeed taking the need to recapitalize the u.s. financial system seriously. the fact that they failed five banks, including probably arguably the most prominent one says to me that the fed is, first of all, trying to make an example. second of all, demonstrating their serious. and third of all, committed to making sure we don't have the same kind of problems going forward as we've had in the past. i think it's a good thing. >> yeah. what was interesting is they wanted to increase dividends and buybacks which they've cleared been restricted from doing. and they had this point made from larry the other day and said actually companies can stop raising dividendes and buybacks and investors need to see some investment in future growth. do you have some sympathy with that? >> i think that's exactly right. simply because we have
hsbc and rbs off 1.24%. brian, what do you make of the restrictions on these banks and their capital plans? >> i'm actually very pleased to see this. because it demonstrates that the fed is indeed taking the need to recapitalize the u.s. financial system seriously. the fact that they failed five banks, including probably arguably the most prominent one says to me that the fed is, first of all, trying to make an example. second of all, demonstrating their serious. and third of all,...
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Mar 14, 2014
03/14
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BLOOMBERG
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stephen major of hsbc. we will speak to the chief executive of the company behind the special effects for the oscar-winning movie "gravity." will the talking to him next. ♪ >> these are the bloomberg top headlines. u.s. secretary of state john kerry has just touched on in london. he is meeting with russian foreign minister sergei lavrov. crimea is set to vote on joining russia. the crisis talks come after nights of violence in the do netsk region of the ukraine. deposede home city of president viktor yanukovych. says his forward guidance may help to weaken the euro and lower interest rates. bank presidentl says it may ease the risk that inflation will not meet the goals set by policymakers. >> welcome back, this is "countdown." i'm mark orton. the lead visual effects company managed to make this film look like he was filmed in outer space. our next guest is the founder of the company, william sergeant, chief executive officer of the british company frame store. william, congratulations. -- your company's
stephen major of hsbc. we will speak to the chief executive of the company behind the special effects for the oscar-winning movie "gravity." will the talking to him next. ♪ >> these are the bloomberg top headlines. u.s. secretary of state john kerry has just touched on in london. he is meeting with russian foreign minister sergei lavrov. crimea is set to vote on joining russia. the crisis talks come after nights of violence in the do netsk region of the ukraine. deposede home...
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Mar 24, 2014
03/14
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CNBC
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the hsbc number is trading below 1.65. we'll bring you up to speed with reaction to china data with li sixuan. >> thank you for that, ross. asian markets were broadly higher today as the weak china factory survey actually raised expectations of more stimulus from beijing in order to avert a sharp downturn. and the shanghai composite gained 1% and the hang seng index hit a one-week high ending up almost 2%. over in japan the nikkei had the month of biggest gainers in asia thanks to bargain hunting and short covering. the nikkei ended up 1.58%. south korea's kospi gained .60% and australian shares also reversed early losses to end higher by just a modest .20%. and let me show you some top gainers in japan after the three-day long weekend. sharp gained 6% today and nintendo up 5% despite forecasting a net loss. and as for panasonic, the nikkei reported last friday that the group's operating profit will likely jump 80% for the fiscal year ending march 31st beating forecasts and shares rallied to 6% today. in china securities a
the hsbc number is trading below 1.65. we'll bring you up to speed with reaction to china data with li sixuan. >> thank you for that, ross. asian markets were broadly higher today as the weak china factory survey actually raised expectations of more stimulus from beijing in order to avert a sharp downturn. and the shanghai composite gained 1% and the hang seng index hit a one-week high ending up almost 2%. over in japan the nikkei had the month of biggest gainers in asia thanks to bargain...
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Mar 26, 2014
03/14
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FBC
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hsbc north america, rbs, citizens financial and sand tappedder. did, santander. the fed rejected capital plan for psy on's bancorp is only one that failed the fed's stress teslas week. zion's. goldman saks, jpmorgan chase, wells fargo and bank of america. goldman and b-of-a just resubmitted plans in the last week to meet one key financial ratio demanded by the fed. they will be returning less to shareholders than they originally proposed fed officials said. to be clear the fed did not reject the plan for citi and three foreign firms for lack of capital but rather for qualitative subjective reasons, such as risk management and risk measurement practice. the fed said citi was weak to project revenue and losses in its global phrase only zions did not get approval among those five because of weak capital. the officials that got rejected, have 90 days, must within 90 days resubmit their capital plans to the fed. zions already announced it is going to do that the fed reviews the plans to make sure after dividend and stock repurchases the bank will have enough capital t
hsbc north america, rbs, citizens financial and sand tappedder. did, santander. the fed rejected capital plan for psy on's bancorp is only one that failed the fed's stress teslas week. zion's. goldman saks, jpmorgan chase, wells fargo and bank of america. goldman and b-of-a just resubmitted plans in the last week to meet one key financial ratio demanded by the fed. they will be returning less to shareholders than they originally proposed fed officials said. to be clear the fed did not reject...
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Mar 24, 2014
03/14
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BLOOMBERG
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investors not dissuaded by the pmi numbers from hsbc. the regional benchmark is seeing a modest bounce. japan and korea are contributing to that. that is what we are seeing across the region. more on what is moving in hong kong in a few moments. ♪ more objects have been spotted floating in the indian ocean. that is the focus of the search for the missing malaysian aircraft. our correspondent is standing by to give you the latest. in a moment, we will hear from the renewed criticism of the authorities and their handling on the situation. first, let's get the latest on these new images. paul allen is in sydney. >> these images were taken by a french satellite. no size for the object spotted was given, but the location was. 850 meters north of the area, which is currently being searched various planes from various countries, which is interesting, but in many , that theunhelpful debris might have been spotted that far from the search zone. it underlines the difficulty of the task being faced by these crews, who were scouring the ocean. ove
investors not dissuaded by the pmi numbers from hsbc. the regional benchmark is seeing a modest bounce. japan and korea are contributing to that. that is what we are seeing across the region. more on what is moving in hong kong in a few moments. ♪ more objects have been spotted floating in the indian ocean. that is the focus of the search for the missing malaysian aircraft. our correspondent is standing by to give you the latest. in a moment, we will hear from the renewed criticism of the...
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Mar 3, 2014
03/14
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BLOOMBERG
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we have hsbc agreeing with the sentiment. but a bit resilient of a slowdown. >> we take a look at the figures indicating we are seeing slowdowns by the most in seven months when it pertains to the manufacturing sector are. the final reading for the month of february was saying in line with the preliminary reading, which was 48 point five. anything below 50 indicates we territory.raction anything above indicates expansion territory. the head of china economic resource -- research says there an economic activity component. >> economic activity is weak but still resilient. people are over concern the economy is weakening a lot. the data is patchy during this .ime and highly distorted we shouldn't read too much. >> factory output is going to be one of the main talking points at the communist party meetings going to kick off on wednesday. >> what does it mean for the broader growth strategy. much has been talked about in regards to this meeting on wednesday. >> every year the chinese ministers gather in march. many refer to it as
we have hsbc agreeing with the sentiment. but a bit resilient of a slowdown. >> we take a look at the figures indicating we are seeing slowdowns by the most in seven months when it pertains to the manufacturing sector are. the final reading for the month of february was saying in line with the preliminary reading, which was 48 point five. anything below 50 indicates we territory.raction anything above indicates expansion territory. the head of china economic resource -- research says...
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Mar 27, 2014
03/14
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CNBC
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>> take another bank on that list, hsbc. hsbc never asked for a dime from anyone. it obviously managed its risk. it is a global company. why is the fed second guessing an hsbc which never took any money and which in the past obviously was doing a good job? >> right. kayla, thanks. let's get more on the markets. larry is here. i'll introduce allison first, allison deans, and our guest host, larry lindsey is president and ceo of the lindsey group. do you, allison, you've worked around the street. are you surprised at what happened to citi? does some of it have to do with still the bad behavior that we associate with citigroup from the financial crisis? >> i this i part of it is that it is -- i don't know if it's bad behavior, you had a sprawling organization and having worked in the office of the chairman for a brief period before i went to bank one, it was very hard to get your arms around everything that was going on there. they had a process called windows on risk. this was hard to explain. that was their explanation of how they looked at risk. it's sprawling and
>> take another bank on that list, hsbc. hsbc never asked for a dime from anyone. it obviously managed its risk. it is a global company. why is the fed second guessing an hsbc which never took any money and which in the past obviously was doing a good job? >> right. kayla, thanks. let's get more on the markets. larry is here. i'll introduce allison first, allison deans, and our guest host, larry lindsey is president and ceo of the lindsey group. do you, allison, you've worked around...
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Mar 3, 2014
03/14
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CNBC
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hsbc fell to a seven-month low in january. eunice yoon is in beijing. this is part of rebalancing your economy. you're going to have to see a bit of retraction in terms of manufacturing activity. >> you would see a contraction. but at the same time, people are really concerned and are talking about how this is really just a reminder of some of the challenges that the government faces in managing this economy. this week, we are going to see the leadership get together in beijing. they're going discuss the reform agenda. what's interesting here is that these policymakers are making decision necessary a very different growth environment that we've seen in many, many years. people are talking about how the economy is slow and is burdened with debt. there were a lot of questions about the financial sector and the health of it. and the government really doesn't have the same levers that past administrations have had in order to try to stimulate growth. so this is a back drop that they are facing at this time. the big question that people are have here going i
hsbc fell to a seven-month low in january. eunice yoon is in beijing. this is part of rebalancing your economy. you're going to have to see a bit of retraction in terms of manufacturing activity. >> you would see a contraction. but at the same time, people are really concerned and are talking about how this is really just a reminder of some of the challenges that the government faces in managing this economy. this week, we are going to see the leadership get together in beijing. they're...
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Mar 2, 2014
03/14
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CSPAN2
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the second part of the question is your view of auditing certain banks like hsbc or others that have been known to take part in the financing of terrorist groups in violation of money laundering laws and anti-terrorism laws. the hsbc case was just the most recent study. >> okay. >> is a good question as it was part i agree with the current federal effort to get at the sources of terrorist financing. that is hard to do. i never say things like money is the lifeblood of terrorism or cutting off the money supply we can strangle terrorism is a gross overstatement and politicians and should never say that like being elected in the mayor's job to say i will end crime and did you come back into years you should not believe that. it is important you have to have some money but it does not take much like what happened with the west gate mall attack in kenya recently. something like that could be achieved. with elaborate process or a quick and simple ugly things like one man with a couple of machete outside the army base a couple loved ones back. that is cheap terrorism and will never be the e
the second part of the question is your view of auditing certain banks like hsbc or others that have been known to take part in the financing of terrorist groups in violation of money laundering laws and anti-terrorism laws. the hsbc case was just the most recent study. >> okay. >> is a good question as it was part i agree with the current federal effort to get at the sources of terrorist financing. that is hard to do. i never say things like money is the lifeblood of terrorism or...
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Mar 22, 2014
03/14
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the hsbc case was the most recent study done in the senate. what is your view? >> it is the good question especially as it was part of miss crass to i agree with the current federal effort to get at the sources of terrorist financing. that is hard to do. i never its say things like money is the lifeblood of terrorism or cutting off the money supply as we can strangle terrorism. that is a gross overstatement and politicians should never say this, like being ejected in the mayor's job in the big city and say i absolutely end crime and if you come back in two years you will -- we wouldn't believe it nor should we. terrorism is important. is something in terrorism you have to have some money. doesn't take much to do something in the west gate mall attack in kenya recently. something like that can be quite cheap. it can be a long elapse arrest process but for andrews -- simple ugly thing like one man with a couple machetes outside the british army base in london a couple months back. that is cheap terrorism. will never be the essence of it but it is a grand strategy.
the hsbc case was the most recent study done in the senate. what is your view? >> it is the good question especially as it was part of miss crass to i agree with the current federal effort to get at the sources of terrorist financing. that is hard to do. i never its say things like money is the lifeblood of terrorism or cutting off the money supply as we can strangle terrorism. that is a gross overstatement and politicians should never say this, like being ejected in the mayor's job in...
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Mar 9, 2014
03/14
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the hsbc case was the most recent study done by carl levin in the senate. >> okay. >> so what's your view on following the moneysome. >> sure, it's a good question, especially as it was part of mr. crafts too. i completely agree with the current federal effort to try to get at the sources of terrorist financing. and, boy, is that hard to do. i never say things like money is the life blood of terrorism or that a with cutting off the money supplies we can strangle terrorism. i think that's a gross overstatement, and politicians should never say that. it's like being elected in mayor's job in the big city and saying i'm going to absolutely end crime, and if you come back in tw years, you're going to want to reelect me. we wouldn't believe it, nor should we. terrorism's important. it's one of things that you have to have -- in terrorism, you have to have some money. but it doesn't take much to do something like happened in, oh, say the west gate mall attack in kenya recently. something like that can be quite cheap. so-called lone wolf terrorism can be a long, elaborate process of ten yea
the hsbc case was the most recent study done by carl levin in the senate. >> okay. >> so what's your view on following the moneysome. >> sure, it's a good question, especially as it was part of mr. crafts too. i completely agree with the current federal effort to try to get at the sources of terrorist financing. and, boy, is that hard to do. i never say things like money is the life blood of terrorism or that a with cutting off the money supplies we can strangle terrorism. i...
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Mar 3, 2014
03/14
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MSNBCW
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. >> for the ladies, the lpga, paula cramer nailed a 75 foot putt to win the hsbc tournament. she ended a four year winless streak winning her last lpga title in 2000. >> great reaction. >>> in nascar, an incredible fete. kevin harvick held off dale earnhardt jr. and became the all time winner with five victories. >>> the four-legged race. the eiditarod. the warm temperatures had many concerned for the race. >>> smoke on. the red bull air race. they flew about 230 miles per hour. they weave in and out in between those large pylons there in abu dhabi. unbelievable. >> that is. >> it's one thing for the twists and turns. another thing to do the whole weaving. >> going back to the eye didita you know there's something wrong when it's warmer there than here. >>> the blade runner murder trial for the death of reeva steenkamp has just begun. [bell rings] [prof. burke] at farmers,we believe what you don't know can hurt you. like what if you didn't know to get coverage for uninsured drivers? [robot] uh oh. [prof. burke] talk to farmers and get smarter about your insurance. ♪ we are
. >> for the ladies, the lpga, paula cramer nailed a 75 foot putt to win the hsbc tournament. she ended a four year winless streak winning her last lpga title in 2000. >> great reaction. >>> in nascar, an incredible fete. kevin harvick held off dale earnhardt jr. and became the all time winner with five victories. >>> the four-legged race. the eiditarod. the warm temperatures had many concerned for the race. >>> smoke on. the red bull air race. they flew...
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Mar 3, 2014
03/14
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KNTV
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hsbc championship in singapore. paula creamer on the second playoff hole. 75-foot putt for eagle. there's no way in the world this thing is going to fall for the win, right? wrong. she gets it. unbelievable. that is her first win since 2010 when she won the u.s. women's open. also, golden bears were given back to the community. call athletes and coaches from 16 teams joined up with hundreds of kids all from low-income communities. the activities were all designed to stress the importance of a college education and a healthy active lifestyle. coming from a low-income home that means the world to me really enjoyed that story. all right. terry and diane, i'm not kidding. as i told you earlier, jermaine o'neill did not play tonight because he forgot where he put his passport. >> happens to everybody. >> unbelievable. >> i'm going to canada and do that so i don't have to come back to work. see you later. >> nice knowing you. >> yeah. >> all right. jimmy fallon is going to great lengths to get attention for his show and help others at the same time. fallon wanted the mayor of chicago on
hsbc championship in singapore. paula creamer on the second playoff hole. 75-foot putt for eagle. there's no way in the world this thing is going to fall for the win, right? wrong. she gets it. unbelievable. that is her first win since 2010 when she won the u.s. women's open. also, golden bears were given back to the community. call athletes and coaches from 16 teams joined up with hundreds of kids all from low-income communities. the activities were all designed to stress the importance of a...
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Mar 5, 2014
03/14
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BLOOMBERG
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that was the fascination with barclays and hsbc missed on its earnings. the like for like comparison is hsbc, but it is about bonuses. have a look at this. will sachs renumeration come under question. 5.6 billionad dollars or 2.7 times earnings. >> the company is in the process of selling some businesses. >> they are small. they have some pretty big issues. korea is a big issue. they are selling some businesses. we wait and see if there is any more detail on that, and we want to see if there is more capital position. loan losses. that will be the fascination because of china exposure. >> 8:15 london time. >> 8:15 london time. >> thank you very much. >> next we are going to take a look at the battle of the brands. it will come to a head at the football world cup. pre-k's these are the top headlines. barack obama and german .hancellor angela merkel agreed the two leaders agreed to remain in contact and coordinate closely. they want to deploy international observers and initiate direct talks between russia and ukraine. a strong belief that russia's actions i
that was the fascination with barclays and hsbc missed on its earnings. the like for like comparison is hsbc, but it is about bonuses. have a look at this. will sachs renumeration come under question. 5.6 billionad dollars or 2.7 times earnings. >> the company is in the process of selling some businesses. >> they are small. they have some pretty big issues. korea is a big issue. they are selling some businesses. we wait and see if there is any more detail on that, and we want to see...
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Mar 27, 2014
03/14
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KICU
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you see it in the hard numbers and in research reports such as the hsbc global connections trade forecast. steve trepiccione is a senior vice president and managing diretor at the bank. tell me about what you're looking at here. is it mainly optimism? >>the report tells us a lot of things bill but we're most excited about is the optimism that u.s. businesses have for global trade. two thirds of the respondents see in the next 6 months that their trade will increase. where u.s. importers are really looking at most is asia and latin america where the growth rates are much higher. the industries that are actually seeing the most optimism are manufacturing, wholesaling, and retaling. but the report goes specifically into the tech goods sector. we define tech goods as hard good such as printers, copiers, and telecom equipment. we believe that sector will have much higher growth in the medium term. what this means for u.s. businesses is america's in demand.these countries overseas are growing fasteremerging markets in asia and lain america. there's a burgeoning middle class that's going to have
you see it in the hard numbers and in research reports such as the hsbc global connections trade forecast. steve trepiccione is a senior vice president and managing diretor at the bank. tell me about what you're looking at here. is it mainly optimism? >>the report tells us a lot of things bill but we're most excited about is the optimism that u.s. businesses have for global trade. two thirds of the respondents see in the next 6 months that their trade will increase. where u.s. importers...
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Mar 3, 2014
03/14
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paula cramer, look here, the ball keeps on going and going and going. 75-foot putt there to win the hsbc tournament. she ended a four-year winless streak, last time winning in 2010. >>> incredible speed at the sprint cup in phoenix. kevin harvick held off dale earnhardt jr. to become the all time winner in phoenix with five victories. >>> the 1,000 mile iditarod dog sled now. that race is under way in alaska. 69 mushers set off in 30 degree weather. warm temperatures this winter had many at the race concerned. >>> finally, smoke on at the red bull air race world championship. that's cool. but watch out what they do. they compete flying at about 230 miles per hour and the pilots weave between these huge large pilens, light big cones there in abu dhabi. definitely impressive. >>> more on the selfie that sent twitter crashing. we'll tell you about that next. [ telephone ringing ] [ clears throat ] hi. what did you do to deserve that thin mints flavor coffee-mate? it's only one of the most delicious girl scout cookie flavors ever. i changed the printer ink. [ male announcer ] try coffee-mate
paula cramer, look here, the ball keeps on going and going and going. 75-foot putt there to win the hsbc tournament. she ended a four-year winless streak, last time winning in 2010. >>> incredible speed at the sprint cup in phoenix. kevin harvick held off dale earnhardt jr. to become the all time winner in phoenix with five victories. >>> the 1,000 mile iditarod dog sled now. that race is under way in alaska. 69 mushers set off in 30 degree weather. warm temperatures this...
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Mar 18, 2014
03/14
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BLOOMBERG
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hsbc releases the global report today. >> hi, janice. thank you for joining us. give us a brief summary of the outlook for trade conditions over the next month. developed markets are coming back quite strongly. trader continues. -- trade growth continues here . sectors arek t seeing the strongest growth? to 2030.e looked out you see high take becoming about 25%. that is of from about 22%, the moment. >> china playing a strong role. >>what role does china play in , asglobal conversation things are changing internally. in china, they are changing their business model, if you will, internally. be more into high-tech, as the emerging market comes together. >> i think there's a fascinating story you alluded to here. the ds for a of factories from china pick up domestic consumer growth that is significant. it is weaving up the value chain. the investment in research and development is an important story. two percent of china. in point he percent of gdp research and development. that is as significant story. the developer could story here is one of investing and focusin
hsbc releases the global report today. >> hi, janice. thank you for joining us. give us a brief summary of the outlook for trade conditions over the next month. developed markets are coming back quite strongly. trader continues. -- trade growth continues here . sectors arek t seeing the strongest growth? to 2030.e looked out you see high take becoming about 25%. that is of from about 22%, the moment. >> china playing a strong role. >>what role does china play in , asglobal...
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Mar 1, 2014
03/14
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KCSM
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as we kick things off with the lpg war world number one party and he went to the first round of the hsbc women's championship hoping to win her first title this season and after the first round plump not a bad start putting me off a great start to start off the event was shot and even party fortnight before three parties in the tenth thirteenth in the fourteenth hole where the seventeenth hole she would both be leaving her at two under seventy at the first round before seventh overall just railing karrie webb by four strokes which i six hundred on the day. it will reward a footballer koreans have been waiting for years to find out how to tackle warriors will look on the pitch and personalize the korea football association revealed their uniforms for brazil but it wasn't the uniforms that caught everyone's attention was what mattered choking them go said in the press conference. thus began on the moon on thursday manager paul noble a state that the silver medal finish by the staff the men's speedskating team pursuit team inspired him in korean sports generally being that despite lacking t
as we kick things off with the lpg war world number one party and he went to the first round of the hsbc women's championship hoping to win her first title this season and after the first round plump not a bad start putting me off a great start to start off the event was shot and even party fortnight before three parties in the tenth thirteenth in the fourteenth hole where the seventeenth hole she would both be leaving her at two under seventy at the first round before seventh overall just...
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Mar 17, 2014
03/14
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BLOOMBERG
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bloom will join us from hsbc. see what is waiting to will happen next. we have a chinese story to discuss next. this is a story that has largely been anticipated. nonetheless, we will be giving on how the russians .ill react look forward to that. hopefully, we will get some news on the latest developments. so many open ends on the story and hopefully, we will tie down some of those. we have the final read on the euro zone inflation. it's bc numbers have been getting out of the region and the country is pointing to a downgrade of 0.8% to 0.7%. >> guy johnson has the polls in about 15 minutes from now. rwe has agreed to sell its energy. that is backed by a russian billionaire. now, our europe editor, david tweed, has the very latest. is this beginning of a new phase in oil and gas investments? >> it could be. i will remind you that last aar, they sold their stake in company for $5 billion. now, there is an oil and gas subsidiary of rwe that is based in hamburg and they said they want to use it as a principal conduits for investments in the business. said,
bloom will join us from hsbc. see what is waiting to will happen next. we have a chinese story to discuss next. this is a story that has largely been anticipated. nonetheless, we will be giving on how the russians .ill react look forward to that. hopefully, we will get some news on the latest developments. so many open ends on the story and hopefully, we will tie down some of those. we have the final read on the euro zone inflation. it's bc numbers have been getting out of the region and the...
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Mar 2, 2014
03/14
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CSPAN
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this case has reminders or echoes of the hsbc base we saw just a year ago, flagrant violations through transactions to keep u.s. officials out of the loop and once discovered an unwillingness by the bank regulators and the d.o.j. to held anybody -- hold anyone accountable. and senators levin and john mccain asked the ceo to admit yesterday and he did admit to, not one person was fired for flagrant willful violations of u.s. law from the ceo on down. it is the same story for hsbc and any other banks that were involved in predatory transactions that hurt american citizens. so i guess my question is this: we have a situation where the government refused -- and this is the government of switzerland, refused and blocked the identification of the folks who were stashing their money in switzerland, we're talking about 22,000 u.s. customers with swiss accounts of which less than or about 1%, the names were shared with the u.s. if they are not going to share the names for these illegal activities, should the forward reserve board be using its regulatory power to say if you can't play by the rul
this case has reminders or echoes of the hsbc base we saw just a year ago, flagrant violations through transactions to keep u.s. officials out of the loop and once discovered an unwillingness by the bank regulators and the d.o.j. to held anybody -- hold anyone accountable. and senators levin and john mccain asked the ceo to admit yesterday and he did admit to, not one person was fired for flagrant willful violations of u.s. law from the ceo on down. it is the same story for hsbc and any other...
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Mar 28, 2014
03/14
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KCSM
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now the subject after the season travel team hsbc said anasta car companies halted transactions for a quasi yet after was placed under the sanctions list. in response russia might have under putin stressed the need for russia to develop its own peanut network. meanwhile the international monetary fund is rushing to how to create the imf approved a two year loan of up to eighteen billion us dollars for the nation which is on the verge of default and i say he couldn't speak like their tea house risen to nearly thirteen billion dollars this year about a return kiev comments are undertaking comic and energy reports. russia has cut off the ten billion dollars and eighteen for two thousand the former president viktor yanukovich a tidy three new teeth and for official at the height of the second webcast front yet then you're the one hundred thousand russian forces are stationed on the eastern borders of the crane near the scene of height keep entering a team down and you can use. and moving on to the latest round in the missing malaysian airliner in just the last few hours it's been a major
now the subject after the season travel team hsbc said anasta car companies halted transactions for a quasi yet after was placed under the sanctions list. in response russia might have under putin stressed the need for russia to develop its own peanut network. meanwhile the international monetary fund is rushing to how to create the imf approved a two year loan of up to eighteen billion us dollars for the nation which is on the verge of default and i say he couldn't speak like their tea house...
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Mar 4, 2014
03/14
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last august with a large international banks hsbc announced the sale of its business and catholics than six months later they found that by a worldwide withdrawal of foreign investors to the country is considered to be a bad sign nobody does. foreign investors the past week asic and not because it's sweet is that. but because she had to finance the creamery to enter tournaments with her than developed countries. this is a global problem. our most menacing with the amount of land. this feeling safe distance the sixty third transaction with help from emerging markets. it should be noted that foreign banks are still feeling the effects of the global economic crisis recession in developed countries and slow recovery of the market is helping national corporations and is profitable divisions leaving only their lead lasted. eo is to live without. when the federal reserve system announced its support of the american economy the role of foreign capital from emerging markets to place worldwide. i would not attribute the situation specifically two thousand and needy. it said. the deal between the
last august with a large international banks hsbc announced the sale of its business and catholics than six months later they found that by a worldwide withdrawal of foreign investors to the country is considered to be a bad sign nobody does. foreign investors the past week asic and not because it's sweet is that. but because she had to finance the creamery to enter tournaments with her than developed countries. this is a global problem. our most menacing with the amount of land. this feeling...
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Mar 27, 2014
03/14
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BLOOMBERG
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units of rbs and hsbc. they missed the grade because of concerns about the quality of their capital. >> for more, let's bring in markets.com chief economist. is this negative for the dollar? >> i don't think so. it is a situation where we have known let's say post-lehman brothers, too big to fail, etc., so the banks are under a terminus amount of looking at each and everything. one thing you have to look at, is it a question of, are they keeping the capital and not lending it? therefore, their capital base goes up never want complaints about banks not lending. at least two of the banks has a "readjustment." submit their documentation police two or three times to see if it is a situation. lend ratherob is to than just to keep the money. that is what they been doing. >> are not going to have the same problem in europe? we're just months away from the aqr. we need much more lending in europe. it is very fragile. >> anybody from the bank of england down and u.k. says, yes, we are having a nice recovery. but it
units of rbs and hsbc. they missed the grade because of concerns about the quality of their capital. >> for more, let's bring in markets.com chief economist. is this negative for the dollar? >> i don't think so. it is a situation where we have known let's say post-lehman brothers, too big to fail, etc., so the banks are under a terminus amount of looking at each and everything. one thing you have to look at, is it a question of, are they keeping the capital and not lending it?...
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Mar 24, 2014
03/14
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BLOOMBERG
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this morning, we saw a surprise decline in the hsbc pmi. march is the fifth straight month of weakening. concerns that they may not meet their 7.5% growth target this year. ,f you were to rank risks china, for me, would probably be number one on my list. would it be on yours? >> it would, actually, because of the incremental growth in china the last few years. it is really sizable. if we do not touch 7.5% in terms of growth this year, it is significant for the global economy. and currentket account deficit countries. this is the major risk now. i think you are spot on. >> how do you protect yourself? china is so big that it has impact on commodities, western equities. >> i think you have to reassess your portfolio. we way we are doing it is are looking to benefit from volatility within the markets. that involves trading a little , using relative value strategies and dispersion strategies. we are employing those in the equity field as well as the fixed-income world. alternative investments, hedge funds. we kind of saw it coming. deliver bett
this morning, we saw a surprise decline in the hsbc pmi. march is the fifth straight month of weakening. concerns that they may not meet their 7.5% growth target this year. ,f you were to rank risks china, for me, would probably be number one on my list. would it be on yours? >> it would, actually, because of the incremental growth in china the last few years. it is really sizable. if we do not touch 7.5% in terms of growth this year, it is significant for the global economy. and...
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Mar 27, 2014
03/14
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hsbc. santander. >> it is really interesting. on the quantitative measures to peer one capital, they pass. >> they passed in that sense but they failed on the processes. r.b.f.?does it mean for it is -- r.b.s.? it is planning to sell shares. >> revenue and losses under economic stress. how many problems did this bank have? this is one of them. we were meant to get rid of this bank this year. i think you have two questions this morning. does this raise the red flag for potential buyers and diminish value of any potential sale. citigroup got hit hard. for the s matter european headquarters. it could dictate the amount of money they are allowed to pass back. >> this is what the fed said about santander. they rejected their u.s. unit because of widespread inefficiencies in governance, internal controls, risk management. that is quite damming. >> thanks, jon. see you later. with any stress test, the estion could be were the uestions too easy? we'll have an interview with andall kroszner. >> hans nichols is in brussels. >> today would
hsbc. santander. >> it is really interesting. on the quantitative measures to peer one capital, they pass. >> they passed in that sense but they failed on the processes. r.b.f.?does it mean for it is -- r.b.s.? it is planning to sell shares. >> revenue and losses under economic stress. how many problems did this bank have? this is one of them. we were meant to get rid of this bank this year. i think you have two questions this morning. does this raise the red flag for...
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Mar 3, 2014
03/14
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chinese may fresh industries fell.nufacturing indices hsbc, it fell to a seven-month low. a similar gauge for the government. that is the lowest level since june. u.s. secretary of state john kerry is traveling to the ukraine. foreign minister's gather for emergency meeting. western leaders are seeking to -- russia may lose its membership. it is considering imposing sanctions. russian central-bank rate its key rate. as of 11:00 the mosque out time and they say it is to prevent inflation risk and ensure stability according to their website. for more on the rising tension in the ukraine, our reporter is on the grind. give me a sense. it is been quite a weekend of news. what is it like on the grind? >> russia is effectively in control of the crimean peninsula. russia has 3000 troops. offmpanying a less known russian speaking militia. yesterday, they surrounded ukrainian military bases and the day before president putin got permission from the russian prominent to deploy troops. the thing about that is the permission came after these troops appeared out of these forces appeare
chinese may fresh industries fell.nufacturing indices hsbc, it fell to a seven-month low. a similar gauge for the government. that is the lowest level since june. u.s. secretary of state john kerry is traveling to the ukraine. foreign minister's gather for emergency meeting. western leaders are seeking to -- russia may lose its membership. it is considering imposing sanctions. russian central-bank rate its key rate. as of 11:00 the mosque out time and they say it is to prevent inflation risk...
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Mar 27, 2014
03/14
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BLOOMBERG
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hsbc, the status hungry men have cash to burn and they want the latest. how did joe cool turn into joe spender? >> terrible name. it is a three-part thesis. a burgeoning middle-class, upper-class and much of the world, younger men are marrying later so they have more disposable income. this is the theory. the urban part is key. status isn't a bmw necessarily more, it is a rubbery trenchcoat, sunglasses, that kind of things. korea.ecame south is this a non-usa were u.s. thing as well? >> it is global. the rope growth is asia -- where .eal growth is asia africa is big, too. >> which comedies are best positioned to take advantage of this? who are they going after? >> it is all smart digital strategy kind of wins the day. burberry has been at of the crowd. they have a new crowd. they have a whole platform of music. it does not include blue oyster. >> weight, he qualifies as a yummy? >> a mummy. >> did you hear that? >> he is busy typing. >> how much do think the central banks around the world that just made money so easy to come by --t >> it is a part of it t
hsbc, the status hungry men have cash to burn and they want the latest. how did joe cool turn into joe spender? >> terrible name. it is a three-part thesis. a burgeoning middle-class, upper-class and much of the world, younger men are marrying later so they have more disposable income. this is the theory. the urban part is key. status isn't a bmw necessarily more, it is a rubbery trenchcoat, sunglasses, that kind of things. korea.ecame south is this a non-usa were u.s. thing as well?...
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Mar 27, 2014
03/14
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units of rbs, hsbc and santander fell short. >> jon, what does it mean for banks in europe? >> probably hard to quantify but what is clear right now is that from her reputational standpoint people will be asking questions.f o for rbs, it is one more in a long list of issues. the fed objected to the u.s. unit's capital plan because of concerns about its practices for estimating revenue and losses under economic stress. this is the very same unit that rbs want to sell. they want to get this unit off the books, whether that it is through an ipo or an outright takeover. two pushes we asked -- does this raise a red flag for buyers? does this it away a value? rbs trading about two percent down. >> the very latest on some of these banks. stay with us for more on his views. a strategist and head of investment across bridge capital. like to citigroup and you actually own some of the stock. big disappointment after the announcement yesterday was.git we own citigroup and j.p. morgan. what we heard is that the fed is not happy. it is disappointing news, but at sector,as a bank in the i
units of rbs, hsbc and santander fell short. >> jon, what does it mean for banks in europe? >> probably hard to quantify but what is clear right now is that from her reputational standpoint people will be asking questions.f o for rbs, it is one more in a long list of issues. the fed objected to the u.s. unit's capital plan because of concerns about its practices for estimating revenue and losses under economic stress. this is the very same unit that rbs want to sell. they want to...
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Mar 18, 2014
03/14
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BBCAMERICA
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that's the good news from hsbc's latest trade forecast. it is due to stronger than expected recovery but it is not all good news. subdued growth in emerging markets is lead to go a contrasting trade outlook around the world. growth in these countries expected to be the driving force beyond global trade. let's take a look at the markets now. in europe, eye been a pretty negative start to the day. london, the market is down 13 points. sainsbury is one of the losers. now there's worry in the markets that maybe it has spent too much money on expansion. the rest of europe of course carrying on worry about the problems between ukraine and russia and currency issues in emerging markets. that's it for me and the team. thanks for watching. bye-bye. good job! still running in the morning? yeah. getting your vegetables every day? when i can. [ bop ] [ male announcer ] could've had a v8. two full servings of vegetables for only 50 delicious calories. reckless seeding. a backyard invasion. enter homeowner, and ortho weed b gon max. kills weeds without
that's the good news from hsbc's latest trade forecast. it is due to stronger than expected recovery but it is not all good news. subdued growth in emerging markets is lead to go a contrasting trade outlook around the world. growth in these countries expected to be the driving force beyond global trade. let's take a look at the markets now. in europe, eye been a pretty negative start to the day. london, the market is down 13 points. sainsbury is one of the losers. now there's worry in the...
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Mar 26, 2014
03/14
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hsbc north america, rbs, citize
hsbc north america, rbs, citize
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Mar 26, 2014
03/14
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hsbc sending a report called rise of the amu. what is the point of giving the group name, especially one as irritating as this one? >> irritating and nauseating is in the eye of the beholder. i'm too alzheimer probably got me. you give it a name to identify it and start to market towards it. this happens all the time. this is recycle often. when the economy gets better and all the sudden marketers say we ought to go after men because they have all the money and are having kids later. melissa: is a sign of better economic times. also monopoly, marketing geniuses, coming out with the first rule change in 80 years. great way to freshen it up, they are letting people vote on new rules like you could double your salary, one we used to play at my house. when you are in jail you can't collect rent money. getting people vote on this, it reminds you of the fun you always had as a kid or when you were younger playing monopoly with your family and remind you to play again. >> that is right. kids the news again. they could have do not pass g
hsbc sending a report called rise of the amu. what is the point of giving the group name, especially one as irritating as this one? >> irritating and nauseating is in the eye of the beholder. i'm too alzheimer probably got me. you give it a name to identify it and start to market towards it. this happens all the time. this is recycle often. when the economy gets better and all the sudden marketers say we ought to go after men because they have all the money and are having kids later....
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Mar 21, 2014
03/14
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. >> we do have the hsbc manufacturing pmi for china coming out on sunday evening. the street estimate a 48.7. that would be a slight uptick. every basis point matters when it comes to the chinese data. >> we believe the statistics. that's the funny part. >> that's what i mean. >> but this is -- >> we've got to go. >> yeah, brian? >> it's the hsbc's pmi which is a lot more accurate. >> that's coming up this weekend. you can stick around and catch brian kelly and the rest of the crew on "fast money" at 5:00 p.m. and straight ahead on this program, the nsa surveillance program upsetting a lot of americans but none more so than tech ceos who faced a backlash from their customer base. those very ceos meeting with president obama at the moment and we'll take you there live when we come back from a quick break. also still ahead, another chapter in the tesla versus auto dealers duel. we'll speak exclusively to an arizona lawmaker trying to help pass a law for the electric carmaker to sell autos directly to consumers in his state. that's coming up. you're watching cnbc, fir
. >> we do have the hsbc manufacturing pmi for china coming out on sunday evening. the street estimate a 48.7. that would be a slight uptick. every basis point matters when it comes to the chinese data. >> we believe the statistics. that's the funny part. >> that's what i mean. >> but this is -- >> we've got to go. >> yeah, brian? >> it's the hsbc's pmi which is a lot more accurate. >> that's coming up this weekend. you can stick around and catch...
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Mar 3, 2014
03/14
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KNTV
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mountain view native paula creamer in a playoff to determine who will win the hsbc women's championship. all she had had to do was make this 75-foot putt for eagle. and, like that, that's how do you it. she actually kisses the ground. watch this. this is her first tour win since she won the 2010 u.s. women's open. i mean who ever thought she -- a 75-foot putt. >> maybe we should run that again in the news cast. >>> to another south bay athlete. arizona state freshman sensation aaron gordon continues to impress. >> that's called a fat head. gordon had 19 points, 15 rebounds leading the wildcats to a big win over stanford last night. arizona is ranked third in the country. >>> so is it a better day for golf or basketball? let's check in with christina this morning. >> definitely basketball. nothing but net if you're playing with scott mcgrew. right now tracking a few showers out there. mike has some moves as well. he can spin that ball. i can tell you as we head throughout this afternoon the rain will move into the bay area. bring that umbrella with you and be prepared to use your windshi
mountain view native paula creamer in a playoff to determine who will win the hsbc women's championship. all she had had to do was make this 75-foot putt for eagle. and, like that, that's how do you it. she actually kisses the ground. watch this. this is her first tour win since she won the 2010 u.s. women's open. i mean who ever thought she -- a 75-foot putt. >> maybe we should run that again in the news cast. >>> to another south bay athlete. arizona state freshman sensation...
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Mar 21, 2014
03/14
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CNBC
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a new report from hsbc called the rise of the yummy says these men are reshaping the $1 trillion luxury industry and only the companies that are yummy friendly will thrive. men account for 40% of luxury sales, but that will grow as young affluent men, they marry later, spend mosh, and they care more about how they look. watches, grooming products, wrinkle-proof suits, and gadgets. companies with men only shops, they will attract the most yummies and more of these stores have a lounge bar which they need after buying an $800 debt. they're sensitive to the economy so during down turns they stop spending. this is a big change for luxury. >> indeed, it is. by the way, guys, we have a trio of cnbc reporters who meet that yummy criteria. take a look at this. jon fortt, josh lipton, and dom chu. wait, josh lipton, i thought we were going to have a glamour shot. he sent one over this morning. clearly they used the cnbc head shot instead. >> i am not yummy and i am darn happy about that. >> what would you be if you weren't a yummy. >> sum said i was a retrosexual because i grow a beard and cut f
a new report from hsbc called the rise of the yummy says these men are reshaping the $1 trillion luxury industry and only the companies that are yummy friendly will thrive. men account for 40% of luxury sales, but that will grow as young affluent men, they marry later, spend mosh, and they care more about how they look. watches, grooming products, wrinkle-proof suits, and gadgets. companies with men only shops, they will attract the most yummies and more of these stores have a lounge bar which...
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Mar 24, 2014
03/14
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FBC
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china's manufacturing sector contracted in the first quarter of 2014 according to a preliminary hsbc report. cheryl: malaysia's prime minister today said the missing malaysia airlines jet crashed in the southern indian ocean. analysis of the satellite data show the plane's last position was west of the australian city of perth. of the "after the bell" starts right now. david: let's get right to today's action. ryan deet trish, schaeffer's investment research technical analyst. time to pay attention to areas of the market where there is a lot of activity. maybe that is where we should be going. we have etm.com editor and global investment president, says riding rates, sluggish growth, time to look overseas for yield. we have a debate on emerging markets in particular from these guys. scott shellady from the pits of cme. scott, i want to start with you. you mentioned biotech. biotech is kind after smoke screen. for what? >> if you look at citigroup economic surprise index it is showing we're missing analyst expectations more and more as of late. then i went to asia, look at that. looke
china's manufacturing sector contracted in the first quarter of 2014 according to a preliminary hsbc report. cheryl: malaysia's prime minister today said the missing malaysia airlines jet crashed in the southern indian ocean. analysis of the satellite data show the plane's last position was west of the australian city of perth. of the "after the bell" starts right now. david: let's get right to today's action. ryan deet trish, schaeffer's investment research technical analyst. time to...
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Mar 24, 2014
03/14
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we are waiting for the hsbc data. you are watching "first up." ♪ imf is going to lift changes in china and says hard changes are ahead. the west is imposing more sanctions on russia. students are stepping up their campaign. good morning to you. i am angie lau. in the green and up one percent after coming off of a friday close. three quarters of one percent up. we are seeing them in the red as we wait for the chinese manufacturing data. all right, earnings missed estimates. the numbers come as the chinese to open upans state-controlled enterprises. we are joined by john with the details. and that isre up the equivalent. the price of crude did well on profits. andcrude oil profits are up they are going to have a big move. the outlook is concerned about the glut of pressure prices. have the productions upthe last year and it is 3.5%. that is impact. it is an interesting comparison to the other stocks. they are up over the last year. one is down 25%. down.hina is two, youm the other see big declines. they are the second
we are waiting for the hsbc data. you are watching "first up." ♪ imf is going to lift changes in china and says hard changes are ahead. the west is imposing more sanctions on russia. students are stepping up their campaign. good morning to you. i am angie lau. in the green and up one percent after coming off of a friday close. three quarters of one percent up. we are seeing them in the red as we wait for the chinese manufacturing data. all right, earnings missed estimates. the...
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Mar 13, 2014
03/14
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hsbc and jpmorgan facing an eu complaint as soon as next month. the antitrust chief is racing to find them along with reddit tiger: -- credit agricole and icap. shares plunging today. they told investors that annual sales growth may be up the lower end of projections. this is the second against software exporter. hello. welcome back to "countdown." >> the time in london is 6:43 a.m. protesters crashed with police in turkey and tito reportedly killed overnight as unrest spread following the funeral of a teenager who died from injuries sustained doing last summer's rallies. inare joined by a reporter istanbul with the details. a dreadful scene in turkey once again. >> that's right. streetsd grief on the as tens of thousands of people took to the streets. as you said, two people are reportedly dead, one demonstrator and one police officer in eastern turkey. these are reminiscent of the scenes we saw last year, last using force,olice firing tear gas, and water cannons. put pressure on prime minister erdogan? >> it certainly does. they are calling for
hsbc and jpmorgan facing an eu complaint as soon as next month. the antitrust chief is racing to find them along with reddit tiger: -- credit agricole and icap. shares plunging today. they told investors that annual sales growth may be up the lower end of projections. this is the second against software exporter. hello. welcome back to "countdown." >> the time in london is 6:43 a.m. protesters crashed with police in turkey and tito reportedly killed overnight as unrest spread...
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Mar 20, 2014
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are bidding hsbc for one of the biggest ipos in saudi arabia in decades. this is according to people with knowledge of the matter. commerce is the first saudi bank ipo in six years. it could raise $4 billion. >> the search for any sign of the missing malaysian jet continues to come up empty. planes hunting for objects bond in the indian ocean return after being unable to look at them. -- unable to locate them. thank you so much for taking the time. how likely is it that this debris that the satellite picked up could actually be the missing ?light 370 >> there's a chance. it's not guaranteed. if there is a lot of debris in the ocean. a lot of different kinds of containers and ships that have sunk in. it is in the spot where it is most likely the airplane. that's a real positive. >> how at risk are the search airline? the new boeing poseidon is an anti-summary jet. ?o they refuel out at sea >> they are not at risk even though that is a stormy area. this is their bread and butter. this is their mission -- to go out and search for things in the water or under
are bidding hsbc for one of the biggest ipos in saudi arabia in decades. this is according to people with knowledge of the matter. commerce is the first saudi bank ipo in six years. it could raise $4 billion. >> the search for any sign of the missing malaysian jet continues to come up empty. planes hunting for objects bond in the indian ocean return after being unable to look at them. -- unable to locate them. thank you so much for taking the time. how likely is it that this debris that...
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Mar 24, 2014
03/14
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. >>> further weakness in china activity, the latest hsbc purchasing index showed the third straight month of contraction. we'll see how this is all playing out in the markets. the futures this morning, at least at this point, aren't paying any attention at all. the dow futures are up 23 points above fair value. the s&p futures are up by 2.5 points and the nasdaq is up 5.5 points. as for the markets in europe, you can see things are decidedly worse with the cac down .70%. the dax in germany is down .60 and the ftse is off .30%. in the meantime, the russian micex indicated slightly higher trading higher this morning, but this comes after steep drops over recent weeks because of what was building up in the situation in ukraine. and the dollar at this point, at least in the morning, you'll see this stronger across the board. euro trading at 137.73. and the yen is at 102.456789 andrew, over to you. >>> we have big business news with apple tv a little closer to actually happening. apple now reportedly in talks with nbc universal parent comcast about a streaming television service that wou
. >>> further weakness in china activity, the latest hsbc purchasing index showed the third straight month of contraction. we'll see how this is all playing out in the markets. the futures this morning, at least at this point, aren't paying any attention at all. the dow futures are up 23 points above fair value. the s&p futures are up by 2.5 points and the nasdaq is up 5.5 points. as for the markets in europe, you can see things are decidedly worse with the cac down .70%. the dax...
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Mar 21, 2014
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hsbc ratings, everybody will be watching that. readyige book shows what much everybody has been saying, a slowdown in china. the chinese currency is weakening. a lot of people say the central bank would try to introduce some volatility. actually, that debate is still going on as to whether the chinese central bank is trying to engineer a weaker currency to help those exporters. today, chinese currency looking a little more resilient. if you look at the numbers, you saw its worst week for 20 years. only 1.2% but this is big for the chinese currency. what is going on there? they continue to guide that reference rate lower despite the fact that the point of the matter is, they are still guiding the guarantee lower. >> thank you very much. jonathan ferro with the mac you themes you need to be aware of. and "on the move" is next. they're going to be keeping an eye on adidas. they have been complaining about the strength of the euro. it seems currency movement is very much a live story for european and global companies. let's leave you
hsbc ratings, everybody will be watching that. readyige book shows what much everybody has been saying, a slowdown in china. the chinese currency is weakening. a lot of people say the central bank would try to introduce some volatility. actually, that debate is still going on as to whether the chinese central bank is trying to engineer a weaker currency to help those exporters. today, chinese currency looking a little more resilient. if you look at the numbers, you saw its worst week for 20...
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Mar 28, 2014
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citi is the most global next to hsbc. reservee federal picking winners and losers? >> i do not really believe that. i think they are getting more accustomed to understanding how marketst emerging are outside the u.s.. er, pullu are a managin back on emerging markets? >> no, they grow faster and have more diversity. you have to have different people on site who understand the countries. this is one of the guests this bank offers investors. almost a century of experience. you work at- sandler o'neill, is this an opportunity for larger regional banks? we focus on -- i am guilty of this -- we focus on five or six banks. citi,k of america, jpmorgan. >> is this an opportunity for pnc financial? you go down into the 50 billion banks, 20 billion banks, it is a show coming to all of you. different versions and later versions but this same issue. how will you project in the future accurately to meet -- >> figuring out the percent of the income statement this will cents given bank -- five on the dollar evaporates because we are stressed? comes to dothis with systems and people
citi is the most global next to hsbc. reservee federal picking winners and losers? >> i do not really believe that. i think they are getting more accustomed to understanding how marketst emerging are outside the u.s.. er, pullu are a managin back on emerging markets? >> no, they grow faster and have more diversity. you have to have different people on site who understand the countries. this is one of the guests this bank offers investors. almost a century of experience. you work at-...
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Mar 24, 2014
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the other thing we're watching out for is the impact of hsbc and manufacturing data that is coming in. two have a two speed, -- speed economy and they are for it to not slow as far as fast as many are concerned about. manufacturing pmi is crucial for the australian dollar. course, the rookie corona -- mr. kuroda is talking about the decade of inflation and it is at 102.35. all of those stories are on the fx markets this morning. >> thank you. and talk aboutg stories on our radar. on tuesday, we have all the ball but in the first meeting. there could be an $18 billion offering that is bigger than facebook in 2012. it is a big and important week. the earningd at season is going on and we're watching the bank of china on wednesday and the slowest profit growth in years. microsoft will debut a version of office for the ipad and people familiar with all of this said that the software will have limited capabilities that can be upgraded with a subscription. >> anger as student step up protests against a trade deal. hard decisions lay ahead. thefinal frontier and beaches are empty in myanmar
the other thing we're watching out for is the impact of hsbc and manufacturing data that is coming in. two have a two speed, -- speed economy and they are for it to not slow as far as fast as many are concerned about. manufacturing pmi is crucial for the australian dollar. course, the rookie corona -- mr. kuroda is talking about the decade of inflation and it is at 102.35. all of those stories are on the fx markets this morning. >> thank you. and talk aboutg stories on our radar. on...
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Mar 20, 2014
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and hsbc.n jpmorgan and hsbc will be -- with local lenders on the sale of a 15% stake of national commercial bank. >> number six, tesla. arizona considering lifting the ban on sales of the vehicle and the state. the fives one of states in contention for tesla to build its giga factory plant. that is estimated to create thousands of jobs. makerontract electronics reported a loss, misting -- missing analyst estimates. they expect to recover from the loss of the business with blackberry. >> starbucks, the coffee chain is going big on food. they will it -- big on booze. menuafter the 4:00 p.m. had some success in about 40 stores. it has interesting snacks like bacon wrapped --. that sounds good. number three. guess. after forecast -- shares plunged after forecast. number two, r, reporting earnings and revenue that surge in the first quarter. is optimistic the housing market will continue to recover. >> the number one stock of the day, toyota. recordve agreed to pay a $1.2 billion penalty for mers that lednsu to the recall of 10 million vehicles. the deal is sounding a strong warning to gm. here
and hsbc.n jpmorgan and hsbc will be -- with local lenders on the sale of a 15% stake of national commercial bank. >> number six, tesla. arizona considering lifting the ban on sales of the vehicle and the state. the fives one of states in contention for tesla to build its giga factory plant. that is estimated to create thousands of jobs. makerontract electronics reported a loss, misting -- missing analyst estimates. they expect to recover from the loss of the business with blackberry....
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Mar 26, 2014
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rbs, hsbc, they were denied the right to pay more capital back to their parent company. the fed's criticism of those banks, nothing short of withering. >> we are going to leave it there. erik schatzker, michael mckee, thank you so much. we are taking a very weak break. back with more "be smart" after this. ♪ snoopingt a resolution, lawmakers averaged a bipartisan deal stockpiling some records. now it is time to get the president on board. we spoke with mike rogers, chairman of the house intelligence committee, and ranking member, roos berger, yesterday. they said they thought they were closer to a final deal. take a listen. >> the administration is taking a move towards our position. we have been working with them on language that we have worked out over the last nine months. i feel confident that we will get -- that this will be the rally point where we can come together and say that it ends the government holding the metadata phone records that bothered a lot of people with a way for it to protect american lives by catching terrorists calling and the united states. r
rbs, hsbc, they were denied the right to pay more capital back to their parent company. the fed's criticism of those banks, nothing short of withering. >> we are going to leave it there. erik schatzker, michael mckee, thank you so much. we are taking a very weak break. back with more "be smart" after this. ♪ snoopingt a resolution, lawmakers averaged a bipartisan deal stockpiling some records. now it is time to get the president on board. we spoke with mike rogers, chairman of...
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Mar 13, 2014
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and also the biggest losers will be barclays and hsbc. nothing toys it has hide. the government denying reports the missing jet flew for several hours after the last reported radar contact. u.s. investigators increasingly suspect that whatever happened to the plane did in fact involve a criminal act. we want to bring you to bloomberg investigations into of the biggest names in corporate america. target and general motors. both are facing crises. our reporters have uncovered a permission about the hacking a target in the long-delayed vehicle recall by gm. we are going to dive in both of these stories now. our bureau chief is standing by to tell us what he learned pouring over the numbers. the legal documents related to problems with the ignition switches that have led to at least a dozen deaths. >> we're going to start with our legal reporter michael riley. he and a team uncovered some alarming details about one of the biggest hack attacks ever. the holiday season theft of credit card and personal information for as many as 110 million americans. michael, we have h
and also the biggest losers will be barclays and hsbc. nothing toys it has hide. the government denying reports the missing jet flew for several hours after the last reported radar contact. u.s. investigators increasingly suspect that whatever happened to the plane did in fact involve a criminal act. we want to bring you to bloomberg investigations into of the biggest names in corporate america. target and general motors. both are facing crises. our reporters have uncovered a permission about...
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Mar 27, 2014
03/14
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were citigroup, a ions, and thez quantitative assessment, we know that last week, plus 34 and banks, hsbc, royal bank of scotland, and one from spain. i should ask that the three foreign banks was absolutely withering and worse perhaps that would had to say about citigroup but nonetheless, citigroup is a shocker because this date is now under the management of a new ceo, michael corbett, a button-down guy who is supposed to be returning the bank to respectability and writing the ship, so to speak, not just writing it but tightening it up. >> denna goldman sachs and j.p. morgan i get their initial plans approved? and bank ofachs america. jpmorgan did fine. goldman sachs and bank of america asked the fed to return a certain amount of capital to shareholders in the fed said no, that is too much, but we will give you a mullah goal and let you have another bite of the apple. on the second attempt, they did fine. the question no one ultimately, is for shareholders to answer. the shareholders of citigroup are disappointed. take a look at the stock price. >> michael corbett is disappointed. >> mi
were citigroup, a ions, and thez quantitative assessment, we know that last week, plus 34 and banks, hsbc, royal bank of scotland, and one from spain. i should ask that the three foreign banks was absolutely withering and worse perhaps that would had to say about citigroup but nonetheless, citigroup is a shocker because this date is now under the management of a new ceo, michael corbett, a button-down guy who is supposed to be returning the bank to respectability and writing the ship, so to...
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Mar 31, 2014
03/14
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CNBC
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chinese markets because we get the official china manufacturing pmi and we get the final read from the hsbc. to all intensive purposes, it does look as though it will be another sub par number, so perhaps that's what the shanghai composite is trying to frontrun and price in. and this is going to be important from the policy perspective as well. with we do sea a softer pmi tomorrow, then that will probably seal the deal on near term stimulus from the chinese government from beijing. so i'll leave you with that in mind. that's probably one of the reasons why the greater chinese markets have had a reasonably good day with the exception of the chinese shanghai composite. elsewhere, i want to talk about the nikkei. you were talking about the quarterly performance down by 9%. they had a reasonably good day up 1% despite the fact that we did see a slide in factory output. and that raises questions about the broader resill yeps of the japanese economy in the first quarter and heading into tomorrow. that's going to be critical for the japanese markets from their perspective because that is when the
chinese markets because we get the official china manufacturing pmi and we get the final read from the hsbc. to all intensive purposes, it does look as though it will be another sub par number, so perhaps that's what the shanghai composite is trying to frontrun and price in. and this is going to be important from the policy perspective as well. with we do sea a softer pmi tomorrow, then that will probably seal the deal on near term stimulus from the chinese government from beijing. so i'll...
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Mar 4, 2014
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national people's congress, as we've been discussing the main event on the economy, will look to get hsbc's service sector gauge in the economy in china and understand use. while in hong kong, fast reta retailing launches its second listi listing. in australia, fourth quarter gdp figures will be released. >>> still to come on the show, we cross to kiev. also, we'll be getting out live to the geneva motor show to speak to the ceo of rolls-royce who just unveiled the new car, the ghost ii. stay with us. >>> welcome to "worldwide exchange." i'm julia chatterley. markets stabilize after nervous trade yesterday as putin orders his troops back to base. >>> u.s. secretary of state john kerry is due to touch down in kiev later today. >>> the ukrainian parliament has ratified an agreement to receive $610 million euros in loans from the eu. this as the country's economy minister warns ukrainian finances are in a dire state. >> that's our -- we need to quickly design and implement the austerity program. >> in corporate news, glencore xstrata beat forecasts as its trading arm helps to offset weakness i
national people's congress, as we've been discussing the main event on the economy, will look to get hsbc's service sector gauge in the economy in china and understand use. while in hong kong, fast reta retailing launches its second listi listing. in australia, fourth quarter gdp figures will be released. >>> still to come on the show, we cross to kiev. also, we'll be getting out live to the geneva motor show to speak to the ceo of rolls-royce who just unveiled the new car, the ghost...
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Mar 20, 2014
03/14
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joined the board of a spanish-based bank that has worldwide operations, but they, like others, bbva and hsbc, foled -- followed a an approach where in each country you have major operations, you organize it separately, it has its own managers, boards, and capital liquidity. you can make mistakes with that model as well but then i think you're more a conglomerate a collection of small, regional banks, as opposed to trying to manage everything centrally at the top which i think is extremely challenging. as regulators proceed with getting these large bank into resolveable forms in way this is they can be broken up in an orderly way if they get in trouble,ic will be more resolveable in the long-term. we saw this problem with j.p. morgan chase, bbva has had its problems as well. you look at wells fargo, they're not perfect either but they have a more straightforward model. it's a simpler institution to manage but they're getting into securities activity taos, so we'll see what happens there. i do think it's simplicity and -- it's complexity more than it is size and having more stand alone entity
joined the board of a spanish-based bank that has worldwide operations, but they, like others, bbva and hsbc, foled -- followed a an approach where in each country you have major operations, you organize it separately, it has its own managers, boards, and capital liquidity. you can make mistakes with that model as well but then i think you're more a conglomerate a collection of small, regional banks, as opposed to trying to manage everything centrally at the top which i think is extremely...